Speilberg Directs Ghost in the Shell?

With news of classic animes being turned into live action films, Dicaprio producing Akira and Toby Maguire starring in Robotech. According to Variety that legendary filmmaker Steven Speilberg has signed up to direct Ghost in the Shell film.

DreamWorks has acquired rights to the Japanese manga “Ghost in the Shell” with plans to adapt the
futuristic police thriller as a 3-D live-action feature.

Story follows the exploits of a member of a covert ops unit of
the Japanese National Public Safety Commission that specializes in fighting
technology-related crime.
Created by Masamune Shirow, “Ghost in the Shell” was first
published in 1989. It went on to generate two additional manga editions, three
anime film adaptations, an anime TV series and three videogames. The second
anime film, “Ghost in the Shell 2: Innocence,” was
released in the U.S. by DreamWorks in 2004.

Avi Arad, Ari Arad and Steven Paul of Seaside Entertainment are
attached to produce and brought the project to the studio. Jamie Moss has been tapped to pen the
adaptation.

Now I’m not digging the “3D live action feature”, it sounds like this going in the way of Speed Racer where half the world and objects is CG, and not practical and physical like The Fifth Element.